Business
JUST IN: Minister of Aviation, Festus Keyamo Reacts to alleged safety violations by Airpeace
Hon. Minister of Aviation and Aerospace Development, Festus Keyamo has reacted to the Alleged safety violations by Airpeace Alat Gatwick Airport, United Kingdom
His statement reads:
My attention has been drawn to recent media publications citing some issues allegedly relating to possible safety violations at the Gatwick Airport by Airpeace Airlines raised by Safety inspectors of the United Kingdom Civil Aviation Authority. We want to re-iterate that Airpeace Airlines is the Nigerian flag carrier designated on the London route and as such enjoys the full backing and support of the Nigerian Government in its operation of that route.
I have been adequately and reliably briefed on the progress made thus far on this issue by the Acting Director General of the Nigerian Civil Aviation Authority (NCAA). I am informed that the safety issues raised had since been adequately addressed by the Management of Air Peace and promptly closed to the satisfaction of the UK authorities.
I wish to state categorically that the Federal Government has full confidence in the continued safety of the operations of all Nigerian flag carriers designated on different international routes, including Air Peace and will continue to support and nudge them forward in pursuit of world class operational excellence.
For the avoidance of doubt, the Federal Government of Nigeria has put its full weight and might behind all the local airlines designated on international routes in their endeavours in prosecuting these operations and shall provide all the necessary assistance and cooperation to ensure their success. Air Peace is no exception in this regard.
Business
MTN Nigeria asks customers to trade old SIM packs for prizes
MTN named eight collection centres across the country where customers can deposit their items. The locations cover Lagos, Abuja, Kano, Jos, Delta, Port Harcourt, and Ibadan.
MTN Nigeria has invited customers to bring in old SIM packs, recharge cards, booster cards, dongles, and MTN-branded phones in exchange for prizes.
The telecom giant is running the campaign the under the hashtag #YelloMoments.
MTN launched the campaign on Wednesday, July 23, via its official social media pages, telling followers that items kept in drawers over the years could be worth something.
Customers who participate will also be featured on what MTN described as a “Memory Wall.”
Collection centres across Nigeria
MTN named eight collection centres across the country where customers can deposit their items. The locations cover Lagos, Abuja, Kano, Jos, Delta, Port Harcourt, and Ibadan.
In Lagos, customers can visit MTN Plaza at No. 1 Awolowo Road, Falomo, Ikoyi, or the office at 43 Allen Avenue, Ikeja. In Abuja, the collection point is at No. 4, Medeira Street, Maitama.
In Kano, it is at 2, Civil Centre Road. In Jos, Plateau State, the centre is at Plot 3119, Royalfield Road.
In Asaba, Delta State, the location is KLM 129, Benin–Asaba Expressway. In Port Harcourt, Rivers State, customers can go to 234, Old Aba Expressway, Opposite Hannah Fast Food.
In Ibadan, Oyo State, the drop-off point is at MTN Regional Office 1, Olubadan Avenue and Up/Zartech Road, Oluyole Estate.
Business
Naira Exchange Rates Across Black Market, CBN, Commercial Banks Friday, July 24
BLACK MARKET RATES
US DOLLAR (USD)Buy ₦1,405 Sell ₦1,410
GREAT BRITISH POUND (GBP) Buy ₦1,900 Sell: ₦1,930
EURO (EUR) Buy ₦1,595 Sell ₦1,620
CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080
SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90
UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205
GHANA CEDI (GHS) Buy ₦95 Sell ₦110
WEST AFRICAN CFA Buy ₦2, 300 Sell ₦2, 400
CENTRAL AFRICAN CFA Buy ₦2,150 Sell 2,250AUSTRALIAN DOLLAR Buy ₦800 Sell ₦900
Official CBN Exchange Rates
US DOLLAR (USD) ₦1,367.76
GREAT BRITISH POUND (GBP) ₦1,824.45.
EURO (EUR) ₦1,556.78
SWISS FRANC (CHF) ₦1,673.71
JAPANESE YEN (JPN) ₦8.35
CHINESE YUAN (CNY) ₦202. 02
WEST AFRICAN CFA (XOF) ₦2. 39
WEST AFRICAN UNIT ACCOUNT (WAUA) ₦1,867.90
SAUDI RIYAL (SAR) ₦364.38
SOUTH AFRICAN RAND (ZAR) ₦82.25
Commercial Bank Exchange Rates
| Currency | Buy | Sell |
|---|---|---|
| USD / NGN | ₦1350.00 | ₦1385.00 |
| GBP / NGN | ₦1787.05 | ₦1874.93 |
| EUR / NGN | ₦1522.75 | ₦1603.78 |
| ZAR / NGN | ₦82.32 | ₦86.98 |
Source: Aboki Forex
Business
Naira Exchange Rates Thursday, 23 July
BLACK MARKET RATES
US DOLLAR (USD) Buy ₦1,405 Sell ₦1,410
GREAT BRITISH POUND (GBP) Buy ₦1,880 Sell: ₦1,900
EURO (EUR) Buy ₦1,580 Sell ₦1,600
CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080
SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90
UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205
GHANA CEDI (GHS) Buy ₦95 Sell ₦110
WEST AFRICAN CFA Buy ₦2, 300 Sell ₦2, 400
CENTRAL AFRICAN CFA Buy ₦2,150 Sell 2,250
AUSTRALIAN DOLLAR Buy ₦800 Sell ₦900
CBN OFFICIAL EXCHANGE RATES
US DOLLAR (USD) ₦1,369.63
GREAT BRITISH POUND (GBP) ₦1,833.12
EURO (EUR) ₦1,563.03
SWISS FRANC (CHF) ₦1,685.08
JAPANESE YEN (JPN) ₦8.40
CHINESE YUAN (CNY) ₦202.21
WEST AFRICAN CFA (XOF) ₦2. 39
WEST AFRICAN UNIT ACCOUNT (WAUA) ₦1,867.90
SAUDI RIYAL (SAR) ₦366.36
SOUTH AFRICAN RAND (ZAR) ₦83.40
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